MOSCOW, February 25 (RIA Novosti) – Russia’s largest truck maker KamAZ has signed a deal to sell and eventually assemble its vehicles in Indonesia, a company official told RIA Novosti.
KamAZ reached agreement with Indonesia’s PT. Tehnikaina to act as distributor for its trucks, said Rafail Gafayev, the company’s export director.
“Indonesia with its population of 250 million is the largest market in Southeast Asia,” he said.
The deal was agreed on the sidelines of a meeting of a bilateral trade commission and has been in the works for over a year, according to Gafeyev.
“KamAZ currently intends to pursue a much more aggressive policy in exporting our products,” he said. “Over the next seven years we intend to increase [exports] fivefold.”
Gafayev said that the company hopes to secure certification of several of its vehicles for sale in Indonesia within the next few months, adding that KamAZ off-road vehicles should be particularly attractive to consumers there.
PT. Tehnikaina already distributes a variety of Russian and Belarusian-produced tractors, loaders, automobiles and industrial equipment, according to the company’s website.
